1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yawa3891 [41]
4 years ago
12

Because it is difficult for economists to use experiments to generate data, they generally must a. use whatever data the world g

ives them. b. substitute assumptions for data when data are unavailable. c. do without data. d. rely upon hypothetical data that were previously concocted by other economists.
Business
1 answer:
givi [52]4 years ago
4 0

Answer:

a.

Explanation:

Because it is difficult for economists to use experiments to generate data, they generally must use whatever data the world gives them. Economists do not have the luxury of making correct controlled experiments because an economy has many moving parts (variables) which are nearly impossible to replicate. Therefore the best way to study new theories is to use historical data gathered from real world economies.

You might be interested in
When presenting your reason or explanation in a bad news letter, when is it appropriate to be specific?
uranmaximum [27]

Answer:

Always be specific. But don't repeat yourself, keep it concise and simple. maybe showing optimism may help... i hope this answers your question. not sure i understand it tho.

Explanation:

7 0
3 years ago
Candy crunchers wants to see if their new candy is enjoyed more by high school or middle school students. they decide to visit o
lukranit [14]
The answer would be: all students who attend one middle school and one high school in Miami, FL. As the company, Candy Crunchers, only took surveys from one high school and one middle school only, that would be the sample of the population.
7 0
4 years ago
Read 2 more answers
Best birdies produces ornate birdcages. the company's average cost per unit is $18.00 when it produces 2,200 birdcages. if $5,50
marshall27 [118]
To predict the total costs for 3,000 birdcages:

Use the average cost per unit of $18.00 and multiply it by 3,000.
($18)(3,000)= $54,000
$54,000 
is the predicted total costs of 3,000 birdcages. 
5 0
3 years ago
Which answer is not a cost to the investor that is included in the calculation of an investment's interest rate
jeyben [28]

Answer:

Risk of a bad investment

Explanation:

When an investor is calculating an investment's interest rate, he/she must include all brokerage commissions and fees , inflation rate (interest rate must exceed the inflation rate) and the investor's opportunity cost.

Investors are risk adverse, which means that a risky investment should yield a higher return. That could be considered a rational investment rule, but it is not included in the calculation of the interest rate.

4 0
3 years ago
What is the price​ level? The price level is​ ______. A. the average level of prices paid by urban consumers for all goods exclu
8_murik_8 [283]

Answer:

Price Level is B. The average level of prices

Explanation:

Price level is the average of current prices across the entire spectrum of goods and services produced in the economy.

Price level refers to the price or cost of a good, service, or security in the economy.

Reference: Kenton, Will. “Reading Into Price Levels.” Investopedia, Investopedia, 27 Sept. 2019

7 0
3 years ago
Other questions:
  • The _____ is used to measure price changes in commonly used goods and services, such as food and housing.
    5·1 answer
  • Purchases and Cash Payments Journals
    13·1 answer
  • Consider four different stocks, all of which have a required return of 14 percent and a most recent dividend of $3.50 per share.
    5·1 answer
  • Ways to "produce for inventory" that result in increasing operating income include ________.
    11·1 answer
  • Muhammad deposited $800 at the beginning of each quarter for 8 years into an IRA. Given an interest rate of 8% compounded quarte
    9·1 answer
  • Courington Detailing's cost formula for its materials and supplies is $1,920 per month plus $11 per vehicle. For the month of Au
    8·1 answer
  • Determine the variance and indicate if each variance is favorable (F) or unfavorable (U). Variances are absolute numbers so no (
    6·1 answer
  • The following is a report from a not-very-efficient BLS survey taker: "There were 105 people in the houses I visited. 26 of them
    7·1 answer
  • 1. Which generally accepted accounting principle (GAAP) requires the use of depreciation for assets that have useful lives beyon
    7·1 answer
  • The team is working through the planning processes. They are using a plan-driven approach to this system-critical change that wi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!